Source
Central bank

Central Bank of West African States (BCEAO)

International Reserves

USD 0.07 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 4.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 12.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
3.9% 2.1% 2.4% 3.5% 4.1% 4.8% 5.9%
2013 2014 2015* 2016* 2017*    
5.4% 5.4% 5.4% 5.3% 5%    

*Estimate

GDP per capita - current prices

USD 634.7 (2017, estimate)

GDP per capita - PPP

Intl$ 1,613.9 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.02% 0.01% 0.01% 0.01% 0.01%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 27.5% 
  • industry: 21.3% 
  • services: 51.2%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
1.8% 0.2% 1.8% 2.1% 2.5%

*Estimate

Unemployment rate
2013 2014 2015 2015 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
51.2% 57.5% 62.3% 63.2% 64.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-4.6% -4.8% -6.7% -6.3% -6.3%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in Togo

N/A

 
 
Source
Current account balance

USD -0.4 billion (2017 estimate)

Current account balance by percentage of GDP

-8.2% (2017 estimate)

Exports as percent of GDP(Exports of goods and services)

42.2% (2015)

 

Shares in world total merchandising export

0.007% (2015)

 

Shares in world total commercial services export

0.009% (2014)

Total exports

USD 1.2 billion (2016 estimate)

Export commodities

Reexports, cotton, phosphates, coffee, cocoa

Total imports

USD 1.9 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and equipment, foodstuffs, petroleum products

Exports - major partners

India 14.6%, Burkina Faso 11.3%, China 11.3%, Benin 9.6%, Ghana 9%, Lebanon 8.3%, Nigeria 6.1%, Niger 5.9% (2015)

Imports - major partners

China 22.9%, Belgium 20.3%, Netherlands 11.9%, France 6.6%, India 4.8%, Singapore 4.4% (2015)

FDI inflows
2013 2014 2015
USD 184 million USD 54 million USD 53 million
FDI outflows
2013 2014 2015
USD -21 million USD 358 million USD 198 million
Value of cross-border M&A; by country of purchaser
2012 2013 2014 2015
USD -5.2 million N/A USD 2.2 million N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2014 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

Source
Cross-border M&A; deals worth over $3 billion completed in 2015 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

Source
Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 154 out of 190 countries (2017)

Subcategories:

Starting a business: 123 out of 190 countries

Enforcing Contracts: 145 out of 190 countries

Registering Property: 183 out of 190 countries

Getting Credit: 139 out of 190 countries

Protecting Minority Investors: 145 out of 190 countries

Trading Across Borders: 117 out of 190 countries

Paying Taxes: 169 out of 190 countries

Dealing with Construction Permits: 180 out of 190 countries

Getting Electricity: 147 out of 190 countries

Resolving Insolvency: 87 out of 190 countries

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 135 / Score: 53.64 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC 0

Total area

56,785 sq km

Capital

Lome

Currency

Communaute Financiere Africaine francs (XOF)

Government type

republic under transition to multiparty democratic rule

Languages

French (official, the language of commerce), Ewe and Mina (the two major African languages in the south), Kabye (sometimes spelled Kabiye) and Dagomba (the two major African languages in the north)

Religions

Christian 29%, Muslim 20%, indigenous beliefs 51%

Total population
1990 2000 2010 2014* 2019**
3.581 million 4.849 million 6.306 million 6.998 million 7.97 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
10.1% 25% 33% 39%
Population median age

 19.6 years (2014 est.)

Population growth rate

2.71% (2014 est.)

Life expectancy

64.06 years (2014 est.)

Adult literacy

60.4% (2011 estimate)

% of population living on less than $2 a day

72.8% (2011)

Inequality of wealth distribution (Gini index)

46.0 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 4
Civil Liberties: 4 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  0.9%   Mobile  62.5% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

4.50% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Lome 105th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.2 (2010)

World's Best Developed & Emerging Markets Banks

World's Best Subcustodian Banks

World's Best Banks By Region

World's Best Banks

2012

Best of…

Additional Awards